#BTC/USDT 4HR CHART UPDATE !!
Hello, traders welcome to another BTC/USDT chart update.
As we can observe from the above-mentioned chart that BTC performed extremely well and recovered almost 5% from the current low of $29300 which BTC printed earlier after losing almost 10%.
In the current scenario, BTC faces the local resistance zone which BTC needs to cross above to rally towards the price level of 32k.
Break to this resistance will lead BTC to its crucial resistance level and rejection will lead BTC again to its lower price level of 28k - 29k.
here RSI also moving upside down with an average level of volume bars.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
As we can observe from the above-mentioned chart that BTC performed extremely well and recovered almost 5% from the current low of $29300 which BTC printed earlier after losing almost 10%.
In the current scenario, BTC faces the local resistance zone which BTC needs to cross above to rally towards the price level of 32k.
Break to this resistance will lead BTC to its crucial resistance level and rejection will lead BTC again to its lower price level of 28k - 29k.
here RSI also moving upside down with an average level of volume bars.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
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